http://mytradersjournal.com/stock-options/2007/05/22/option-trade-on-alcoa-aa-naked-puts/ Investing in Stocks Through Options Fri, 27 Jan 2012 21:33:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://mytradersjournal.com/stock-options/2007/05/22/option-trade-on-alcoa-aa-naked-puts/#comment-72 Alcoa (AA) Update Mon, 18 Jun 2007 18:27:44 +0000 http://mytradersjournal.com/stock-options/2007/05/22/option-trade-on-alcoa-aa-naked-puts/#comment-72 [...] I read a good article on Yahoo! today that reinforced my Alcoa (AA) naked put selling and my post that went with it on 5/22.  So far, it seems I made the right move, but I don’t see AA as the best place to sell new naked puts for now.  This Yahoo! article makes a good point about the take over deal likely to not materialize.  Looking at the chart you can see that AA is at the top of its upwardly trending trading channel now and is likely due for a pull back a little.  I don’t see it coming back enough to give me trouble on my three July 37.50 naked puts.  [...] [...] I read a good article on Yahoo! today that reinforced my Alcoa (AA) naked put selling and my post that went with it on 5/22.  So far, it seems I made the right move, but I don’t see AA as the best place to sell new naked puts for now.  This Yahoo! article makes a good point about the take over deal likely to not materialize.  Looking at the chart you can see that AA is at the top of its upwardly trending trading channel now and is likely due for a pull back a little.  I don’t see it coming back enough to give me trouble on my three July 37.50 naked puts.  [...]

]]> http://mytradersjournal.com/stock-options/2007/05/22/option-trade-on-alcoa-aa-naked-puts/#comment-16 Kadena Wed, 23 May 2007 05:25:18 +0000 http://mytradersjournal.com/stock-options/2007/05/22/option-trade-on-alcoa-aa-naked-puts/#comment-16 AA is good bet. It was my FIRST EVER STOCK Buy back in Oct '05, in low 20's i think. Didn't know much then, just that the company was around since I was a little boy, was big, and the charts showed it at what looked like huge dip from normal trading. Rough figures $12,000 (at 40) producing 400 in 2 months is about 2,400 a year, and that is over 20% at 37.5. I like those returns, and even more when, as you describe, looks almost automatic. I wonder what Jim's plays are right now? AA is good bet. It was my FIRST EVER STOCK Buy back in Oct ’05, in low 20′s i think. Didn’t know much then, just that the company was around since I was a little boy, was big, and the charts showed it at what looked like huge dip from normal trading. Rough figures $12,000 (at 40) producing 400 in 2 months is about 2,400 a year, and that is over 20% at 37.5. I like those returns, and even more when, as you describe, looks almost automatic. I wonder what Jim’s plays are right now?

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